So when you're deciding on a house and are about to make an offer, when going through hard money lenders can you get money beforehand like a pre-approval or do you have to have a deal ready? The reason I'm asking is t...
Hi everyone,While there is a plethora of great information on BP, there seems to be one question that I can't fully understand.My plan is to work with hard money lenders but I'm getting lost in the process. Below are ...
I understand that a Pre-Approval letter is typically good for 60-180 days depending on the lender, however I feel I don't want to get pre-approved unless I find a great property. Should I go ahead and get pre-approved...
Hello all, when obtaining pre approval for a conventional mortgage does the lender state a specific time frame or place an expiration date on the approval amount? If so, how long is the approval usually good for?
I found a 4-unit I want to buy with FHA to house hack. I’m a first time home buyer. My lender pre-approved me for it, but says that it’s an FHA requirement for someone with less than 2 years of property management exp...
Found this house and liked it quite a bit as a long term rental.
I then found it on redfin instead of trulia and it has a nice big banner "short sale"
http://www.redfin.com/PA/Shillington/101-N-Brobst-St-196...
For all the seller agents/sellers out there, what is information you would like to know up front prior to considering a potential buyer to entertain seriously? DTI? Credit score? Properties owned?
I've heard the the term " getting pre-approved for a loan" which, from my understanding isn't the same as "loan pre-qualification". Although they sound very similar, could someone briefly explain how these are different?
I’m looking for my first real estate property and have just started practicing running numbers in the calculators and analyzing deals. One issue I’m having is when I get to the loan sections I’m filling in just round ...
Hi all,Wanted to see if anyone run into this issue and can offer advice. I'm working with commercial lender for financing and put in my first offer on a fix/flip property. Offer had financial contingency and our agent...